Well using the one of the bits of information that I understand on the label!
The flash point seems quite high at 345 degrees F
Diesel / bio diesel etc seems to be a bit lower
Flash point - Wikipedia, the free encyclopedia
...but then vegetable oil is way higher at 621 degrees F - so may be it will burn better than VO.
Does it seem to have any lubricating properties? How viscous is it - you're meant to water it down for spraying...
...perhaps you could mix it with something else?